]]>http://msbusiness.com/2015/06/midnight-deadline-approaches-for-oil-spill-settlement-claims/feed/0Plan OK’d to drill into BP’s ill-fated Macondo reservoirhttp://msbusiness.com/2015/05/plan-okd-to-drill-into-bps-ill-fated-macondo-reservoir/
http://msbusiness.com/2015/05/plan-okd-to-drill-into-bps-ill-fated-macondo-reservoir/#commentsWed, 13 May 2015 13:46:06 +0000http://msbusiness.com/?p=102456NEW ORLEANS — Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation’s largest offshore oil spill five years ago off the coast of Louisiana. A Louisiana-based oil company, LLOG Exploration Offshore LLC, plans to drill into the Macondo reservoir, according ...

]]>http://msbusiness.com/2015/05/plan-okd-to-drill-into-bps-ill-fated-macondo-reservoir/feed/1Mississippi oil workers feeling effects of price downturnhttp://msbusiness.com/2015/04/mississippi-oil-workers-feeling-effects-of-price-downturn/
http://msbusiness.com/2015/04/mississippi-oil-workers-feeling-effects-of-price-downturn/#commentsThu, 30 Apr 2015 15:25:15 +0000http://new.msbusiness.com/?p=99626By JACK WEATHERLY Rosemary Smith built her oilfield rental business from the ground up over 30 years. And the foundations of her R&R Rentals and Hotshot Inc. have been shaken twice since then. In 2008, crude oil started the year at $92 a barrel, spiked to nearly $150 in July — due in part to ...

]]>http://msbusiness.com/2015/04/mississippi-oil-workers-feeling-effects-of-price-downturn/feed/1OPEC leader: Oil could shoot back to $200http://msbusiness.com/2015/02/opec-leader-oil-shoot-back-200/
http://msbusiness.com/2015/02/opec-leader-oil-shoot-back-200/#commentsTue, 03 Feb 2015 17:17:21 +0000http://msbusiness.com/businessblog/?p=11204Right now the oil market is totally focused on finding a bottom for oil prices. However, according to OPEC’s Secretary-General Abdulla al-Badri we’ve already hit bottom. Not only that, but he sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future. He’s far from the only ...

]]>http://msbusiness.com/2015/02/opec-leader-oil-shoot-back-200/feed/0Judge: 3 million barrels discharged after 2010 BP spillhttp://msbusiness.com/2015/01/judge-3-million-barrels-discharged-2010-bp-spill/
http://msbusiness.com/2015/01/judge-3-million-barrels-discharged-2010-bp-spill/#commentsFri, 16 Jan 2015 14:25:42 +0000http://msbusiness.com/?p=97604NEW ORLEANS — The amount of oil discharged into the Gulf of Mexico as a result of a 2010 rig explosion was more than BP estimated, but less than the government calculated, a federal judge determined Thursday in a ruling that could cost the London-based oil giant more than $13 billion. U.S. District Judge Carl ...

]]>http://msbusiness.com/2015/01/judge-3-million-barrels-discharged-2010-bp-spill/feed/0Shale oil: market correction or longterm direction?http://msbusiness.com/2014/12/shale-oil-market-correction-longterm-direction/
http://msbusiness.com/2014/12/shale-oil-market-correction-longterm-direction/#commentsThu, 18 Dec 2014 16:00:27 +0000http://msbusiness.com/?p=97029By Jack Weatherly The golden age of hydraulic fracturing began about 10 years ago “as oil and gas producers began to explore the nation’s massive shale formations in earnest,” according to an essay on the American Society of Mechanical Engineers website. Expansion of the technique in subterranean shale formations has pushed the United States toward oil ...

]]>http://msbusiness.com/2014/12/shale-oil-market-correction-longterm-direction/feed/2USM researchers to study oil, dispersant in Gulfhttp://msbusiness.com/2014/11/usm-researchers-study-oil-dispersant-gulf/
http://msbusiness.com/2014/11/usm-researchers-study-oil-dispersant-gulf/#commentsMon, 24 Nov 2014 14:13:52 +0000http://msbusiness.com/?p=96558HATTIESBURG — A research consortia led by the University of Southern Mississippi will use $11 million in funding to study the impact of oil, dispersed oil and dispersant on the Gulf of Mexico’s ecosystem and public health. The funds came from the Gulf of Mexico Research Initiative. The research will be conducted from 2015-17. Eleven ...

]]>http://msbusiness.com/2014/11/usm-researchers-study-oil-dispersant-gulf/feed/0Gulf oil rig explosion kills one worker, injures threehttp://msbusiness.com/2014/11/gulf-oil-rig-explosion-kills-one-worker-injures-three/
http://msbusiness.com/2014/11/gulf-oil-rig-explosion-kills-one-worker-injures-three/#commentsFri, 21 Nov 2014 14:01:18 +0000http://msbusiness.com/?p=96507GULF OF MEXICO — An explosion occurred on an offshore oil and gas platform in the Gulf of Mexico yesterday, killing one person and injuring three. The Bureau of Safety and Environmental Enforcement said Fieldwood Energy reported the explosion on its Echo Platform just before 3 p.m. about 12 miles off Louisiana’s coast. In a ...

]]>http://msbusiness.com/2014/11/gulf-oil-rig-explosion-kills-one-worker-injures-three/feed/0BP appealing to have oil spill settlement administrator removedhttp://msbusiness.com/2014/11/bp-appealing-oil-spill-settlement-administrator-removed/
http://msbusiness.com/2014/11/bp-appealing-oil-spill-settlement-administrator-removed/#commentsWed, 19 Nov 2014 12:05:49 +0000http://msbusiness.com/?p=96395NEW ORLEANS — BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill. The company filed notice yesterday that it plans to file with the 5th U.S. Circuit Court of Appeals in New Orleans. BP has long ...

]]>http://msbusiness.com/2014/11/bp-appealing-oil-spill-settlement-administrator-removed/feed/0Tubular Bells project underway in the Gulf of Mexicohttp://msbusiness.com/2014/11/tubular-bells-project-underway-gulf-mexico/
http://msbusiness.com/2014/11/tubular-bells-project-underway-gulf-mexico/#commentsMon, 17 Nov 2014 15:48:29 +0000http://msbusiness.com/?p=96322GULF OF MEXICO — The Hess Corporation-operated Tubular Bells deepwater project, located in the Gulf of Mexico, has started crude oil and natural gas production, according to Chevron Corporation. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The ...